Unbalanced Growth

35 Pages Posted: 1 Dec 2004 Last revised: 14 Apr 2021

See all articles by Kala Krishna

Kala Krishna

Pennsylvania State University - Department of Economics; National Bureau of Economic Research (NBER)

Cesar A. Perez

Martin County - Growth Management Department

Multiple version iconThere are 3 versions of this paper

Date Written: November 2004

Abstract

We study a model designed to understand the concept of unbalanced growth. We define leading sectors to be those that raise the profits from industrialization for other sectors the most. We identify the leading sectors and show that subsidizing them in sequences will raise welfare if the future is not discounted too strongly.

Suggested Citation

Krishna, Kala and Perez, Cesar A., Unbalanced Growth (November 2004). NBER Working Paper No. w10899, Available at SSRN: https://ssrn.com/abstract=618581

Kala Krishna (Contact Author)

Pennsylvania State University - Department of Economics ( email )

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Cesar A. Perez

Martin County - Growth Management Department ( email )

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United States
772-288-5665 (Phone)

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